The role and significance of planning in the determination of house prices in Australia: Recent policy debates

Phibbs, Peter; Gurran, Nicole

doi:10.1177/0308518x21988942

Cited by 15 publications

(3 citation statements)

References 65 publications

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“…According to research conducted by the Residential Economics Research Group, facilities that undergo strategic and periodic repairs tend to appreciate faster than those that undergo less frequent or neglected maintenance. A property in good condition's perceived worth and condition increases its monetary value, which benefits property owners monetarily (Phibbs, et al, 2021).…”

Section: Economic Returns On Maintenance Investments: a Comprehensive...mentioning

confidence: 99%

Asset maintenance in Australian commercial buildings

West,

Evangelista,

Siddhpura

et al. 2024

Front. Built Environ.

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IntroductionThis study examines the complex link between regular maintenance procedures and the effectiveness of business-related assets in Australia. Commercial buildings are essential to the country’s economy, and the variables affecting their worth must be carefully analysed.MethodsThis study evaluates the relationship between asset value and maintenance frequency, examines how maintenance practices affect building performance, and considers industry perspectives on improperly versus correctly maintained assets.ResultsThe study’s findings highlight the significance of renovations, along with adaptive reuse, in raising asset value; however, despite various maintenance techniques available, the Australian commercial building industry has challenges. Budgetary constraints, for instance, pose a significant hurdle, with many companies struggling to allocate sufficient funds for comprehensive maintenance plans. The findings of this research highlight the positive shift towards technology-driven maintenance procedures in business establishments in Australia. The adoption of computerised Maintenance Management Systems (CMMS) and Building Management Systems (BMS) is rising, automating repetitive tasks, improving maintenance procedures, and enabling data-driven decisions.DiscussionThis study thoroughly explains the complex processes influencing the value and usefulness of commercial architecture resources in the Australian setting by addressing the differing perspectives within the real estate industry. Future research on this topic should focus on recognising the psychological components of decision-making concerning maintenance practices. Investigating how psychological prejudices, perceptions of danger, and organisational culture affect the choices made by property owners, facility administration, and others can help us better understand why some maintenance methods are preferred over others.

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Section: Economic Returns On Maintenance Investments: a Comprehensive...mentioning

confidence: 99%

Asset maintenance in Australian commercial buildings

West,

Evangelista,

Siddhpura

et al. 2024

Front. Built Environ.

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“…Most state government planning authorities operate forward rezoning and land release programs, plus precinct development planning, and contend there is minimal effective constraint on housing supply (Phibbs and Gurran 2021). In theory, costs from development regulation-including requirements to include certain facilities or housing forms in a development (i.e.…”

Section: Housing Development and Land Use Planningmentioning

confidence: 99%

Towards an Australian Housing and Homelessness Strategy: understanding national approaches in contemporary policy

Martin¹,

Lawson²,

Milligan³

et al. 2023

AHURI Final Report

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AHURIAHURI is a national independent research network with an expert not-for-profit research management company, AHURI Limited, at its centre. AHURI's mission is to deliver high quality research that influences policy development and practice change to improve the housing and urban environments of all Australians.Using high quality, independent evidence and through active, managed engagement, AHURI works to inform the policies and practices of governments and the housing and urban development industries, and stimulate debate in the broader Australian community. AHURI undertakes evidence-based policy development on a range of priority policy topics that are of interest to our audience groups, including housing and labour markets, urban growth and renewal, planning and infrastructure development, housing supply and affordability, homelessness, economic productivity, and social cohesion and wellbeing. AHURI Limited also gratefully acknowledges the contributions, both financial and in-kind, of its university research partners who have helped make the completion of this material possible.The research team gratefully acknowledges the contributions of all our Australian and international interviewees, and the participants in our expert workshop, as well as Xin Xia and Alessandra Buxton (City Futures Research Centre) for their administrative support. DisclaimerThe opinions in this report reflect the views of the authors and do not necessarily reflect those of AHURI Limited, its Board, its funding organisations or Inquiry Panel members. No responsibility is accepted by AHURI Limited, its Board or funders for the accuracy or omission of any statement, opinion, advice or information in this publication. AHURI journalAHURI Final Report journal series is a refereed series presenting the results of original research to a diverse readership of policy makers, researchers and practitioners. Peer review statementAn objective assessment of reports published in the AHURI journal series by carefully selected experts in the field ensures that material published is of the highest quality. The AHURI journal series employs a double-blind peer review of the full report, where anonymity is strictly observed between authors and referees.

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“…These more subtle interrogations suggest that any assessment of property price inflation should situate credit liberalization as just one element within a policy configuration, that is, as one component within a complex institutional formation. The authors in this Special Issue contribute to this project by analyzing house price inflation in relation to fiscal policy (Ryan-Collins, 2021); shifting methods of urban planning (Weber, 2021); neoliberal narratives focused on supply shortages (Phibbs and Gurran, 2021); the ways in which new elite alliances have gained hold of urban policy and development (Rogers and Gibson, 2021); cultures and policies of tenure (Christophers, 2021); and the growth of specific constituencies that tend to lock in patterns of policy making (Adkins et al, 2021).…”

mentioning

confidence: 99%